https://www.taxtmi.com/news?id=26708 GST operates on a self-assessment basis with Central and State tax administrations empowered to detect and recover unpaid or short-paid taxes; detection and recovery are continuous processes. Reforms recommended by the GST Council include rate calibration to correct inverted duty structures, pruning exemptions, mandating e-way bills and e-invoicing, ITC matching, Aadhaar authentication for registration, e-way bill integration with toll systems, and deployment of analytics and system-generated red-flag reports to support targeted enforcement. en-us Tue, 01 Aug 2023 10:14:03 +0530 Tue, 01 Aug 2023 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26708 GST operates on a self-assessment basis with Central and State tax administrations empowered to detect and recover unpaid or short-paid taxes; detection and recovery are continuous processes. Reforms recommended by the GST Council include rate calibration to correct inverted duty structures, pruning exemptions, mandating e-way bills and e-invoicing, ITC matching, Aadhaar authentication for registration, e-way bill integration with toll systems, and deployment of analytics and system-generated red-flag reports to support targeted enforcement. News - Tue, 01 Aug 2023 10:14:03 +0530 https://www.taxtmi.com/news?id=26708